Crexendo NASDAQ: CXDO President and COO Doug Gaylor outlined the company's growth strategy, financial performance and artificial-intelligence product initiatives during a presentation at the LD Micro conference.
Crexendo is rated Strong Buy, with ESI integration driving margin improvement despite a sharp slowdown in software growth. CXDO's Q2 revenue rose 49% YoY to $24.6M, but organic growth was only 7% and software revenue grew just 5%, raising concerns. Profitability improved, with gross margin at 65.9% and EBITDA margin at 12.6%. Free cash flow margin reached 10.2%.
Investors need to pay close attention to CXDO stock based on the movements in the options market lately.
Crexendo NASDAQ: CXDO President and Chief Operating Officer Doug Gaylor said the cloud communications provider is operating at an annualized revenue run rate of about $100 million after reporting quarterly revenue of $24.6 million.
Crexendo (CXDO) is well positioned to outperform the market, as it exhibits above-average growth in financials.
Crexendo delivered robust Q2 2026 results, with revenue up 49% year-over-year to $24.6 million and strong EBITDA growth. CXDO's service revenue surged 78%, and product revenue doubled, driven by large telecom deals and the successful integration of the Estech Systems acquisition. The CAIRO AI receptionist launch is gaining traction, increasing average account revenue by 35% and supporting CXDO's growth ambitions.
Crexendo, Inc. (CXDO) Q2 2026 Earnings Call Transcript
Although the revenue and EPS for Crexendo (CXDO) give a sense of how its business performed in the quarter ended June 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Crexendo NASDAQ: CXDO reported second-quarter 2026 revenue of $24.6 million, up 49% from the prior-year period, as the company benefited from growth in telecom services and contributions from its acquisition of Estech Systems LLC, or ESI.
Crexendo (CXDO) came out with quarterly earnings of $0.12 per share, beating the Zacks Consensus Estimate of $0.11 per share. This compares to earnings of $0.09 per share a year ago.
Investors need to pay close attention to CXDO stock based on the movements in the options market lately.
Crexendo (CXDO) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.